4 page essay Example | Topics and Well Written Essays - 1000 words

4 page - Essay Example An example is given where the regulators never reacted to the extra ordinary increase in the financial institutions leverage. this never reacted to the movement of assets worth trillions of dollars from banks balance sheet. This shows how the regulators did not do their work. Increasing the regulators power without checking the problem and trying to regulate it helps in solving nothing. Barth, Caprio and Levine studied that the governance of financial regulation the system that is supposed to design, implement and reform financial policies contributed highly to the crisis faced in the United States. The senior most officials are blamed for repeatedly designing implementing and maintaining policies that destabilized the financial markets. The Financial Guardians maintained the same policies even after learning that these policies were increasing the instability of the financial system in the country. Also, even after the authorities had discovered about what was happening, the regulators did not adjust their policies even when they had the time and power this came to one conclusion that the regulators never worked ii the interest of the public but their own. The group indicated in their book that the failures of the respective governments in the governance of the financial regulations played a crucial role in crisis by being part of the destructive policies created and maintained by the regulatory agencies. The proposals laid out by the institutions have not addressed the weighty issues including their weaknesses with governing financial regulation. The public is also not involved in the process as there is no mechanism laid down through which people can obtain well laid informed assessment of the financial institution. Since the public are the ones affected by these policies, it is highly recommended they get involved with the process. It is hard

Korean War Annotated Bibliography Example | Topics and Well Written Essays - 500 words

Korean War - Annotated Bibliography Example As a result, the Korean Peninsula was divided into half along the 38th parallel. The Russians occupied area north of the line, while the United States of America occupied the south. In this book, the tensions and the political environments leading up to the war are described in detail. Both the North and the South were under dictatorial rule. In the South, there was the anti-communist dictator Syngman Rhee, while in the North, there was the communist dictator Kim Il Sung. It is observed that neither of the dictators was content to remain on his side of the 38th parallel and border disputes were rampant as a result. The connection of this invasion of the South by the North and the rising conflict thereof and the ongoing cold war is given in this piece. The war is said to have come as a surprise to the U.S. who considered it malicious and more than a mere border dispute. To them, nonintervention in the dispute was never on the table as they regarded it as a deliberate offensive in a communist campaign to take over the world. The Gays give more in-depth analysis of the situation between the United States and Russia particularly, prior to this war and the inevitability of these two nations’ role in the dispute. The warring nations are differently backed by two quarreling nations and so, when one invades the other, there is bound to be suspicion of a wider play. The stands taken by America and the Soviet Union are discussed in greater details. In April 1950, a National Security Council report known as the NSC-68 recommends the US to use military force to counter communist expansion anywhere it was perceived to be occurring. As a result, then US President Harry Truman is quoted as saying that if they let Korea down, the Soviets will keep on going and swallowing up one place after another. Lee talks about the difficulties and the armies of the war. North Korean army is seen as